With the support of capital, the torrent of DeFi rush to the market, not going away anytime soon, quite the contrary, it is only a matter of time before everyone adopts this new burgeoning technology and the world sees it become fully mainstream. Still, with that being said, there is nevertheless a need for reliable, profitable, and trustworthy DeFi initiatives that aren’t just based on hype and actually offer something of value to the users. Hence, if it is Sequoia Capital that has previously called the existing venture capital model outdated and plans to restructure its investment structure, who is the answer to subversive innovation? The need to return power, as it relates to investing in blue-chip startups in the ecosystem, accounts for why Tiger VC Decentralized Autonomous Organization (DAO) was established.

What is it?

Tiger VC DAO is a decentralized venture capital fund that is open to anyone and everyone who believes in the future of Web 3.0, NFT, and blockchain technology in general, but early access is guaranteed by purchasing one of the 999 NFTs that is billed to be launched in about 2 days.

The platform is a product of combined effort from a group of crypto practitioners, well-known VCs, seasoned crypto investment researchers, contract auditing institutions, and KOLs, to break the monopoly of big venture capital firms and return power back to the general public. When it comes to Tiger, the project’s community has topped 10,000 across Discord, Twitter, and Telegram in less than a month after being launched. In addition, significant NFT collectors who own notable collections such as BAYC, CryptoPunk, and Azuki non-fungible tokens have also joined the community as members.

While aiming to cater to the investment goals of providing everyday crypto investors with an equitable opportunity to participate in this incredibly popular market, the projects that will be invested in will be proposed and voted for by members of the Tiger VC DAO through a sophisticated system of automated smart contracts that functions independently using a decentralized decision-making procedure, operation, and governance.

What else should we know about “NFT+DAO+VC”?

Naturally, Holders of Tiger VC DAO NFT will have a number of ecosystem benefits. For starters, Tiger VC DAO shall initially launch 999 NFTs, which was maintained relatively low on purpose in comparison to numerous other NFT initiatives in order to have committed supporters solely via careful and thorough scrutiny, analysis and verification. The top 50 wallet addresses holding the NFTs will be able to make a proposal to the DAO as to which projects to invest in.

Furthermore, thanks to the different benefits associated with being a DAO community member, Tiger VC NFT holders would be granted a stake in the NFT project investments in their early phases, proposed and voted on by the community itself. As a result, these investments may be viewed as start-up investments.

It should be mentioned that those who propose will not be allowed to vote on the projects that they have proposed, but voting for various other projects that are proposed by other individuals, and also only those proposals which receive the biggest support will be backed by Tiger VC DAO. Tiger VC DAO will maintain a treasury fund that will be financed by proceeds from the investments made. With profitable investments, 10% of the funds will be put into the treasury while 70% of the equivalent capital will be liquidated and put into the treasury in the case of bad investments.

All classes of investors will also benefit when investments turn profitable as proposers receive a 10% of the income while voters are given 5%. The platform will also launch Invest Tokens which any external investor can use to take active investment positions with the platform.

What makes Tiger DAO VC different from VC?

The main difference between Tiger DAO VC and normal VC is governance and consensus.

Tiger DAO VC capital is aggregated through smart contracts to fund investments using multi-signature voting or tokenized voting mechanisms, evolving and adapting to changing circumstances by maintaining open communication and crypto voting when necessary, rather than by letting leaders dictate the themes and direction of groups.

It leverages the phenomenon of "wisdom of the crowd" to make decentralized decisions that may outperform individual decision-making abilities, especially true where different groups of people with different expertise and backgrounds come together to participate in DAOs. The distributed nature of Tiger DAO VC also means that DAO members are incentivized to support portfolio projects, having a seat at the asymmetric trap of any given investment, effectively channeling a loyal community.

Ø Member PASS for joining Tiger VC DAO, enjoy full rights and interests of PASS.

Ø Get rewards from Tiger VC DAO’s investment returns.

Ø Being allowed to buy Tiger VC DAO’s invest Token.

Ø Receive airdrops of Tiger VC DAO’s governance token.

Ø Able to make proposals and vote before the launch of the governance token.

What about future goals?

For future goals, after completing the first 999 NFTs mint procedure, the team behind the project intends to start the proposal and vote process in their DAO to invest in a couple of NFT start-ups at early stages, along with some well-known projects in the space. Shortly after this is done, the DAO governance tokens will be airdropped to the NFT holders. Over the course of 12 months, Tiger DAO VC plans to ink new partnerships with industry heavyweights, most of which will be unraveled as the deals become confirmed.

Tiger DAO VC, a new carrier and narrative direction for NFT through DAO and VC, will reach a strategic investment partnership with more outstanding projects in the future to empower each other and promote the healthy development of the industry ecology. It certainly brings a lot to the table, which is good news for the project’s community because as the DeFi space continues to grow, competition will become increasingly fierce and investors shall thus only support the top projects going forward.